Counterparty Credit Risk Before Receipt of Construction Payments
First written in FY2017. 1 of 3 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2026: 4 of 17 companies on the "Worse" side.
5 other companies' latest entry also says "Mitigated".
- FY2021MitigatedAnnual report
「Our group works to ensure thorough credit management by gathering, analyzing and evaluating corporate information.」
The company specifies credit management based on the gathering, analysis and evaluation of corporate information in response to counterparty credit risk. - FY2019RestatedAnnual report
「However, in the construction industry, contracts are often concluded on terms that provide for payment after the completed project has been handed over. Accordingly, if a counterparty experiences financial distress before construction payments are received, the performance of our group may be affected.」
The potential impact of counterparty financial distress before construction payments are received continues to be disclosed as a risk. - FY2017First statedAnnual report
「However, in the construction industry, contracts are often concluded on terms that provide for payment after the completed project has been handed over. Accordingly, if a counterparty experiences financial distress before construction payments are received, the performance of our group may be affected.」
The potential impact on performance of counterparties experiencing financial distress before construction payments are received is identified as a risk.